Rule – 71, Repayment of amounts withdrawn
March 27, 2018Rule – 72, Amount withdrawn but not repaid may be deemed as income
March 27, 2018
71A. The conditions stipulated in rules 68, 69, 70 and 71 shall not apply in respect of withdrawals made after 1st April, 2007 from a fund which fulfils the conditions stipulated in *sub-rule (ea) of rule 4 of Part A of the Fourth Schedule to the Income-tax Act, 1961.
Reference: www.incometaxindia.gov.in
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